Crosson & Associates understands the special needs of estate executorsEstate settlement is often stressful, but a very important job. As a trustee, you've been given the authority to carry out the wishes of the deceased as quickly and attentively as possible. You can count on us to respond quickly and with as much understanding to the feelings of everyone in bereavement.Attorneys and accountants count on our ethics when calculating real property values for estates, divorces, or other disputes requiring a value being placed on real property. Generally, all parties will have their own requirements of how the appraisal process should work; however, our understanding of the estate process definitely satisfy all parties involved. Among our staff, we are used to interacting with the courts in assembling appraisals that surpass their needs.
Generally, settling an estate requires an extensive appraisal report to establish market value for the house to the satisfaction of the parties involved. We sympathize that in this time of loss, ordering an appraisal report is the furthest thought from your mind. Of course, it's expected that you need to take care of your family first. Crosson & Associates assures that we are familiar with the procedures and requirements needed by revenue services to perform a retrospective appraisal with an effective date and market value estimate matching the date of death. The ethics provision listed within the Uniform Standards of Professional Appraisal Practice (USPAP) conforms us to confidentiality, assuring the highest degree of discretion for you and your family. Most people don't realize that the IRS needs information filed to explain the numbers involved in estate sales. Opinions of value displayed in documents filed with the IRS and Alaska agencies definitely should be supported by a comprehensive report as to how the appraiser acquired his conclusions. In having a report supported by Crosson & Associates's professional staff, you will have the understanding that the numbers displayed in the appraisal report will clearly demonstrate to the authorities that the numbers used are well founded and correct. Crosson & Associates will provide a detailed report, which will provide an executor solid facts and numbers that will meet IRS and state agency requirements. It assures peace of mind to everyone concerned because we will always be there to stand behind the report if it is ever challenged. |